Market Report

Dedham, MA 02026

Single-Family Homes

Chartwell Escrow



Dedham, MA 02026

Sun Apr 14 2024
This week the median list price for Dedham, MA 02026 is $899,000 with the market action index hovering around 79. This is an increase over last month's market action index of 77. Inventory has decreased to 11. Click here to stay informed with the Dedham market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Strong Seller's Market

The market has been cooling off a bit in recent weeks, as more homes are available and demand is less. We’ll be looking for a persistent downward trend. If we see a persistent trend, especially if the MAI falls from the Seller’s Market zone to the Buyer’s Market zone, expect downward pressure on prices. There is already some evidence prices moving lower.

Dedham, MA 02026

Sun Apr 14 2024
This week the median list price for Dedham, MA 02026 is $899,000 with the market action index hovering around 79. This is an increase over last month's market action index of 77. Inventory has decreased to 11. Click here to stay informed with the Dedham market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Strong Seller's Market

The market has been cooling off a bit in recent weeks, as more homes are available and demand is less. We’ll be looking for a persistent downward trend. If we see a persistent trend, especially if the MAI falls from the Seller’s Market zone to the Buyer’s Market zone, expect downward pressure on prices. There is already some evidence prices moving lower.

Real-Time Market Profile

Never miss important changes in the Dedham market.
Median List Price $899,000
Median Price of New Listings $714,450
Per Square Foot $544
Average Days on Market 31
Median Days on Market 7
Price Decreased 18%
Price Increased 0%
Relisted 0%
Inventory 11
Median Rent
Market Action 79
Strong Seller's Market

Again this week we see a downward notch for prices in this zip code. Pricing has been weak recently and versus their absolute-high level. At this point, we will be looking for a persistent upward shift in the Market Action Index as a leading indicator for a trough in prices.

Market Segments

Each segment below represents approximately 25% of the market ordered by price.

Median Price Sq. Ft. Lot Size Beds Bath Age New Absorbed DOM
$2,097,500 3,533 1 - 2.5 acres 3 3.5 0 0 1 126
$1,850,000 2,500 4,500 - 6,500 sqft 3 2.5 0 0 0 28
$749,000 1,900 6,500 - 8,000 sqft 4 1.5 116 3 3 0
$499,000 924 0 - 4,500 sqft 2 1.5 69 1 2 7